ADDvantage's Real Estate and Flat Fee MLS Hot Topics Blog
Unfortunately many Florida homes are valued less than what's owed to the lender. The decision to short sale your home or condo depends on many factors.
Most people are concerned and confused about the credit impact of a short sale, whether the lender will come after you for any deficiencies and if the lender will accept you (and your credit/assets) as a short sale.
These questions are somewhat easily answered. First, your credit will take “a hit” for about 4 years but far less than a bankr
Often times when I'm looking at advertisements for houses for sale, they often seem boring. Why not write a story about your house, not just a fact sheet.
After all, if you are a buyer, you are probably looking through tons of inventory. After a while, it all looks the same. Why not entice the buyer with something different.
Exposing the differences between us and them
In a buyer's market, your list price is as important as the company that you choose to flat fee MLS list your home. What worked in 2007 changed in 2008, and now things are completely different in the third quarter of 2009. As one of the founders of the ADDvantage® Real Estate Network and a pricing coach for hundreds of flat fee MLS sellers, I recommend a combination of 4 pricing strategies.
I know my price theory works because I have helped 100’s of Florida sellers get their properties sold even in this challenging market. I work with 100’s of Realtors each year and understand how they think. The premise that I use in this buyer’s market is that buyers are only willing to pay market prices or slightly less than market prices to compensate them for the next drop in price even though prices in Florida seem to have stabilized.
Foreclosure bargains are disappearing, all around us, “For
In Florida, real-estate investment companies, buying in bulk and paying cash, face competition.
Even in the hard-hit Detroit area, bargains are disappearing.
“For a good house that’s not too beat up in a good neighborhood, there’s no lack of buyers in this market,” says Andy Sakmar, founder of Century 21 Sakmar in Rochester, 20 miles north of the city. “There are a lot fewer of these properties than a year ago, and the super buys
I offer many specialized services in Florida for sellers including flat fee MLS listings, short sales, and price consulting. Getting your property sold using the short sale process is one of my specialties because I truly understand the process.
Is it a great time to Rent?
Now is a great time to rent a home! I keep seeing rental prices going down with the struggling economy. This leads to the question many potential buyers question have, should I buy or should I rent?
Short sales are no fun! But understanding the process along with patients and determination will often result in a sale.
When looking for money to buy a Foreclosed home, one of the most important aspects is choosing a lender that gives honest information, and truly finds your best source of money.
The person I recommend is JoAnn Rooney, a licensed mortgage broker for Your Mortgage Source, Inc. with over 11 years of mortgage industry experience.
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